Market Motion Index: Brokers reducing companies to give attention to fewer insurers – Insurance coverage Age

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Market Motion Index: Brokers reducing companies to give attention to fewer insurers – Insurance coverage Age

Evaluation from Dealer Insights reveals brokers are consolidating company numbers and ending relationships with smaller, much less helpful, insurers. Rachel Gordon breaks down the information.

In partnership with Dealer Insights

Brokers are streamlining their insurer relationships and saying goodbye to these they place fewer insurance policies with. This controls prices and channelling extra enterprise via a smaller quantity, can push up service ranges and safe higher wordings.

Company consolidation is a key development within the newest Dealer Insights analysis, which analyses coverage motion between markets.

Lowering insurers

Eleanor Haig, knowledge supervisor for Dealer Insights

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